Senator Baucus’ proposal to do away with stretching for most inherited IRA has not gone away as was anticipated earlier this month. A recently introduced Senate bill, S. 1813, the Highway Investment, Job Creation, and Economic Growth Act, includes a provision that would disallow lifetime tax deferred stretching of IRAs for beneficiaries other than a spouse, minor children or the disabled. Other beneficiaries would be required to withdraw and pay taxes on the entire account within five years. The new law would be effective January 1, 2013.

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It was a myth-busting week on LinkedIn. In article after article, top authors took widely held business beliefs and crushed them.

Thought your best employees were the ones who fit their job descriptions? You’re way off.  Believe that you need 8 hours of sleep? .  Insist that happiness will come when you hit your sales goals? You’ve got it backward, bub. Here’s the full list:

Let’s start with the BBC’s sleep story. Not surprisingly, this piece was most widely shared by people in sleep-deprived industries like IT, computer software, design and higher education.

For anyone who has spent their days pounding Red Bull while lamenting the poor sleep they got last night, the BBC brings sweet relief: Until the late 17^th Century, the idea that you needed one long snooze was laughable. Instead, people used to sleep a few hours around dusk, wake up, write or smoke (or both), then sleep again.

Candle lighting, however, started to mess with our sleep cycles. Lit streets meant people could stay out later with less fear of getting robbed and lit coffee houses gave people a place to go. Humanity pi

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Setting up a solid company foundation is a key component to meeting lender compliance. It enables you to qualify for certain types of financing so you can begin establishing a creditworthy company.

For example, lenders and creditors expect your business to have a dedicated fax number because it is an important means of exchanging information. Even though there are so many new ways to correspond, faxing still remains a fundamental part of a company’s communication structure.

Before you go through the expense of purchasing a pricey fax machine there are other ways you can send and receive faxes without using an actual fax machine such as a free fax service.

Have you heard of online faxing?

Faxing online makes it easy for your business to send and receive faxes from anywhere in the world. It eliminates the need for a fax machine, an additional phone line and all the common expenses associated with a fax machine such as paper, ink cartridges, servicing, etc.

To the person faxing, your fax number looks and acts like any other fax number but the main difference is your faxes are converted to a digital file and emailed to you as an attachment.

This is an ideal solution for small businesses in terms of cost, convenience and efficiency. B

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The 75,000 metric tons processing capacity factory, which is located near Abuja International Airport close to Gwagwaladaabout 30 minutes drive from Nigerias capital city of Abujawill create additional stable and sustainable demand for soybean in one of Africas major producers.

Karma Foods plans to source 100% of its soybean demand locally, says Dipak Mirchandani, Chairman of the firm, ahead of a stakeholder conference on soybean in Makurdi on 12 July.

We hope that this investment will help reposition soybean production in Nigeria, and more importantly, it will profit the Nigerian soybean farmer because he now not only has options to sell his products, but also can plant with a sense of security and the assurance that his produce has a committed buyer, he adds.

To meet the companys soybean demand, Karma Foods and researchers from the International Institute of Tropical Agriculture under the Tropical Legume project and the University of Agriculture Makurdi will be backstopping farmers in Benue state with best practices in soybean production.

We see Benue farmers as key stakeholders in this project because the state plays a leading role in soybean production, says Mirchandani.

The company, the biggest soybean factory in Sub Saharan Africa outside of South Africa, will be creating tens of thousands of jobs along the soybean value chain, which will help reduce the level of unemployment in Nigeria in line with President Goodluck Jonathans transformational agenda.

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